cryptocurrencies
Despite Price Drop, Bitcoin's 'Fundamental Narrative Has Not Changed,' Stack Funds Says
BTC drawdowns have occurred every month since the start of this year but most ended with sharp recoveries, achieving newer highs in the following month.
Bitcoin Dominance Sinks Below 50% for First Time Since 2018
Bitcoin's share of the overall industry market capitalization has fallen as ether and other altcoins have surged in price.
Ether Price Hits New Record High as Analysts Anticipate Supply Drop
Analysts say ether will become a deflationary asset after the impending EIP 1559 upgrade.
Bitcoin Consolidates Below $56K Resistance as Buyers Lose Strength
BTC has remained in a consolidation phase since February.
UK Bank NatWest Denies Report it Will Totally Refuse Business Customers Who Deal in Crypto
This follows HSBC stating it would not be facilitating exposure to Coinbase or any other crypto-centric business.
Bitcoin's Recovery Stalls; Lower Support Around $52K
Bitcoin buyers are losing strength as the recovery from the April 17 sell-off stalls.
Time Now Accepts Crypto as Digital Subscription Payment
The 98-year-old magazine is the latest media brand to expand into the cryptocurrency space.
Bitcoin Holds Support Around $53K; Resistance Zone Within Reach
For now, the high-volume sell-off on April 17 suggests capitulation as buyers were quick to defend the price low just above $51,000.
Crypto Fund Inflows Accelerated to $233M Last Week, Most Since Early March
Investor appetite for digital asset investment products increased last week, with strong interest in XRP.
Bloomberg's McGlone Warns of ‘Predominant Deflationary Forces’
Bloomberg anticipates continued deflation and peak oil similar to 2018. This could be negative for bitcoin.
